Privatization Holding Company - K.P.S.C. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KWD 0.923446 million compared to KWD 1.78 million a year ago. Negative revenue was KWD 1.57 million compared to revenue of KWD 2.55 million a year ago. Net loss was KWD 3.94 million compared to KWD 0.234482 million a year ago. Basic loss per share from continuing operations was KWD 0.00646 compared to KWD 0.00038 a year ago.
For the six months, sales was KWD 1.76 million compared to KWD 3.59 million a year ago. Revenue was KWD 2.96 million compared to KWD 7.42 million a year ago. Net loss was KWD 1.27 million compared to net income of KWD 1.66 million a year ago. Basic loss per share from continuing operations was KWD 0.00208 compared to basic earnings per share from continuing operations of KWD 0.00273 a year ago.